Xero has become the leading online Accounting Software product in Australia. It’s no surprise given the depth of the program and the continual improvements. In 2015 alone Xero became gold-level certified for the ATO’s SuperStream system launched a new mobile app for employees and managers, streamlined paying out unused leave and final earnings, and completely overhauled how leave is viewed and managed. Many more improvements are set for 2016 and beyond as Xero takes on board user feedback and continually improves its offerings.

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The following prices will be in effect from 2 June 2016 for existing and new subscribers.

Xero to Increase Prices

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All prices are in Australian Dollars and include GST.

The biggest change is to the standard plan, where the limit of payroll employees will reduce from Five to One. For businesses with two to five employees, Xero has introduced a new Premium 5 Plan, which includes payroll for up to 5 employees and the advanced features of auto-super and multi currency all for $60 per month. Customers with more than one employee will be automatically migrated to the Premium 5 plan on 2 June.

Other existing and new premium plans will increase by $10 per month.

The exceptions to this are customers currently on Premium 10 for multi-currency who don’t do a pay run in May will be migrated across to Premium 5 on 2 June, so good news for you – no price rise will apply! There’s also no price changes to Xero Starter Plans, still at $25/month.

If you hold a Direct Debit agreement with PJT for your Xero Subscription and your rate is due to change, then this will automatically change from 2 June to the new rate. You don’t need to complete a new agreement.

If you’re uncertain, please give your accountant at PJT a call on 07 5413 9300.